I'd be willing to bet, though, that the slow decline in IT salaries (developers in particular, where I have experience) won't be affected at all by this news.
I'd be willing to bet, though, that the slow decline in IT salaries (developers in particular, where I have experience) won't be affected at all by this news.
That's because American software developers were totally overpaid during the 90s.
While there is some merit to your comment, I have to reply.
I hardly think that my 60 hour a week, solve all of the world (or at least this company) problems through code job, which earns less than a marketing manager (who's daily routing is read some of the reports that are provided by developers and pat his team on the back), is overpaid. And it was the same way in the 90's.
The boom in the tech industry in the 90's did create too many jobs for an understaffed industry. What happened then was not only
In George Bush's most recent speech, a new solution was put forward to help create jobs and spur growth, SALARY CAPS! Thats right, just like what we have in sports, a cap on your salary will allow companies to hire more workers with the same money. Add to the fact that we can get rid of overtime pay and make them work harder and longer for free, maybe we can even cut their salary and reduce to exactly $1 above their cost of living and set the cap right there.
The slow decline in salaries is what allowed this to happen! Profits may be getting smaller; but through layoffs, management can grab a larger share and maintain their income.
And why shouldn't they? It's when times are bad like this that management really has to work hard. I'd say CEO's have to work twice as hard these days, and should have double the salary they did when times were easy a few years ago.
Programmers don't give their effort away; they are just bartering for software. I don't see why it is better to program for money so that you can buy software than it is to just program for software directly. There are not that many programmers that work on pure software products; most write custom software to run the company or to run the products the company sells. The only thing that changes with open source software is that you can't make money just selling the software; you have to sell a software-p
Salary decline (Score:5, Insightful)
Re:Salary decline (Score:2)
Re:Salary decline (Score:2)
Re:Salary decline (Score:2)
I'd be willing to bet, though, that the slow decline in IT salaries (developers in particular, where I have experience) won't be affected at all by this news.
That's because American software developers were totally overpaid during the 90s.
Re:Salary decline (Score:2)
I hardly think that my 60 hour a week, solve all of the world (or at least this company) problems through code job, which earns less than a marketing manager (who's daily routing is read some of the reports that are provided by developers and pat his team on the back), is overpaid. And it was the same way in the 90's.
The boom in the tech industry in the 90's did create too many jobs for an understaffed industry. What happened then was not only
Re:Salary decline (Score:2)
Re:Salary decline (Score:2)
The solution to this economy, abolish pay raises! (Score:3, Interesting)
In George Bush's most recent speech, a new solution was put forward to help create jobs and spur growth, SALARY CAPS! Thats right, just like what we have in sports, a cap on your salary will allow companies to hire more workers with the same money. Add to the fact that we can get rid of overtime pay and make them work harder and longer for free, maybe we can even cut their salary and reduce to exactly $1 above their cost of living and set the cap right there.
Re:Salary decline (Score:2)
And why shouldn't they? It's when times are bad like this that management really has to work hard. I'd say CEO's have to work twice as hard these days, and should have double the salary they did when times were easy a few years ago.
Re:Salary decline (Score:2)
Re:Salary decline (Score:1)